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Bullboard - Stock Discussion Forum Tamarack Valley Energy Ltd T.TVE

Alternate Symbol(s):  TNEYF

Tamarack Valley Energy Ltd. is a Canada-based oil and gas exploration and production company. The Company's asset portfolio is comprised of oil plays in Alberta, including Charlie Lake, Clearwater and several enhanced oil recovery (EOR) opportunities. The Company has an inventory of low-risk, oil development drilling locations. Its Clearwater oil play is located in north-central Alberta. Its... see more

TSX:TVE - Post Discussion

Tamarack Valley Energy Ltd > This is like throwing cash in the street!
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Post by Franman184 on Jun 17, 2022 11:27am

This is like throwing cash in the street!

I would buy more stock if I had any more cash. Canadian oil is dirt cheap and people will look back in a couple of years and say I remember the week they were literally throwing cash in the streets.
Comment by 1condor on Jun 17, 2022 12:11pm
There looks to be good support around 4.50. Not sure if it gets there but the downdrafts lately have been strong. There has also been a lot of money made by investors over the past year so profit taking is definately at play.
Comment by Chad123 on Jun 17, 2022 12:30pm
Hi 1Condor, been a while since I saw a post from you. Are you in or looking to get in? You seem to be a bit better than me at picking spots. TIA
Comment by 1condor on Jun 17, 2022 12:43pm
Chad123...I am looking to add. My initial buy is about 5 percent higher than todays price (so a little under water at this time). Market is so skittish right now it hard to pick an entry point on anything.
Comment by Chad123 on Jun 17, 2022 1:01pm
Thanks. I sold for profit a few days ago and started buying back yesterday. Guess I was a little too early.  Have an order in @ $4.55. Will see if it gets filled. Not sure what is going on but it looks like it could be a $10 drop on WTI today..... All the best
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